LD 362 LR 166(01)
Resolve, To Require the Department of Health and Human Services To Submit a State Plan Amendment To Exempt Retirement and Educational Assets from Calculations for Medicaid Eligibility
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Bellows of Kennebec
Committee: Health and Human Services
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
FY 2019-20 FY 2020-21 Projections  FY 2021-22 Projections  FY 2022-23
Net Cost (Savings)
General Fund $126,549 $119,964 $119,964 $119,964
General Fund $126,549 $119,964 $119,964 $119,964
Federal Expenditures Fund $212,025 $211,428 $211,428 $211,428
Other Special Revenue Funds $21,545 $0 $0 $0
Federal Expenditures Fund $212,025 $211,428 $211,428 $211,428
Fiscal Detail and Notes
The Department of Health and Human Services will require General Fund appropriations of $126,549 in fiscal year 2019-20 and $119,964 in fiscal year 2020-21 for Automated Client Eligiblity System technology upgrades and testing and medical claims of disabled individuals under 65 years of age with a minor child who would become MaineCare eligible if assets in qualifying retirement accounts and education accounts were disregarded. Federal Expenditures Fund allocations will also be required for the FMAP match.